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j . .t . <br /> ' A� � <br /> �'� ' <br />� . . , , <br /> . , �-�;�'� ti:inois <br /> � ,. . ��'� �'�;� Cenira! • . <br /> �-„' , �Uit <br /> '��y�� . <br /> M iC3res�u'x�1�'ries Ccm�ny J.J.DuRocher Illinois Centra! � <br /> Director Gulf Railroad <br /> Internal Auditing Two Iliinois Cen!er <br /> �Iovembe r 15 � 1 g 8� 233 North Michigan Avenue_ <br /> File: PaP.062-1/SMS Chicago, fLo�601 -5799 <br /> Acreement �o . ICG 4423 c3�2)sss �soo <br /> Mr . Dennis Carter <br /> Project M�nager � <br /> Park 100 Development Company <br /> 5�55 West 86th Street <br /> Indianaoolis, Indiana 46268 <br /> Dear Mr. Carter: <br /> Rzfer to original agreement dated Augusz 15, I975 , between <br /> the Illinois Central Gulf Railroad Company and Park 101 <br /> Development Com�any covering the maintenanc� of automatic <br /> flashing light signals at Hubbard Avenue in �n industrial <br /> park at Lecatur , Illinois . <br /> ICG proposes Lhat effective January 1, 1985, the compensa- - <br /> tion clause of tne original agreement be suspended and <br /> cha�ged to read as follows: <br />' (1) Com.Tnezcing July 1, 1985 , the ICG will issue flat ratz <br /> annual bills to cover maintenance of the above facil- <br /> ity for t:ne period o� January tizrough December. <br /> (2) The base charge on tne effective date will be <br /> $1,8E7.00 per year . This charge is subject to revi- <br /> sion effective January l, 1985, and each January 1 <br /> t��erea�Ler , upward or downward, to campensat� for thz <br /> incr2ase or decrease in the index as found on the line <br /> . titled "x�?aterial prices, wage rates and supplements <br /> combined (excl. fuel) " for the Southern DistricL as <br /> ..� pu�lished in the "AAR Railroad Cos� Racovery 3ndex <br /> �''�-- S2=ies RCR, Table No. A-1, Annual Indices oi Chargeout <br /> ��'-Prices and Wage Rates (1977 = 100) " , or successor cost <br /> recovery index issued by the Association of American <br /> Ra?lroads. The final figure for the calendar xear � <br /> 1983 of 177 . 5 will be used as the base. A copy of the <br /> inde� is attached. <br /> The method of adjLsting the charge snall be by mul- <br /> tiplving the base charge by tne quotient obtained by - <br /> �_►viding the final indeY for the full calendar year <br /> i;nm2diately preceding the calen3ar �ear in which sucn <br /> adjus�ed charye is to be effective by said final fig- <br /> ure for the calendar year 1983 . <br />